Industrial Protective Footwear Market has been estimated to garner a revenue of $3.9 billion in 2016 and is projected to reach $7.01 billion by 2024, growing at a CAGR of 7.6% from 2017 to 2024. The leather protective footwear market generated the highest revenue share in the global industrial protective footwear.
Specifically designed footwear made for ensuring the safety of workers in industries such as chemical, mechanical, pharmaceutical, exploration and production, manufacturing units, food and beverage and construction are called industrial protective footwear. Industrial protective footwear have emerged out as an indispensable part of the industrial security framework. Industrial protective footwear are available in a wide variety as per the requirement such as rubber based footwear, leather based footwear, and plastic based footwear. With the development of industrialization, these footwear are now being widely adopted by industry workers and labor in order to protect themselves from severe injuries which usually happen as a result of falling objects, skidding, slipping, electrical contacts and heavy vibrating machines.
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Global food safety testing market size has been witnessing steady growth due to stringent food safety regulations, increasing the number of food poisoning outbreaks, and increasing consumer awareness of food safety and its implications. The trend of globalization in food supply trade is expected to further create huge opportunities for the food safety testing market. The market is expected to grow due to increasing food safety concerns, the intensity of food safety scandals & frauds, and the increasing level of ill-effects on consumer health and safety. Positive indicators from processed food industry expansion resulting to increase in consumer affordability should positively influence industry growth. Increasing adulteration level to improve product shelf life are major factors causing testing demand during imports.
The segmentation of the market is done on the basis of contaminant tested, technology, food tested and geography. On the basis of contaminant tested for, the market is segmented as Pathogens, GMOs, Pesticides, Toxins, and others (residue and allergens). On the basis of technology, the market is segmented as conventional and rapid testing methods. On the basis of food tested, the market is categorized as meat & poultry, dairy products, processed food, fruits and vegetables and others (grains). On the basis of geography, the market is segmented as North America, Europe, Asia-Pacific and Rest of the world. North America held the largest share of food safety testing market globally and generated a revenue of $4.5 Billion in 2016. However, factors such as constantly growing population and emerging economies with high disposable incomes will lead the Asia-Pacific food safety testing market to grow at the fastest pace, at a CAGR of 8.3% during the forecast period of 2016-2024. Food Poisoning strikes an estimate of 48 million people in the US, every year. Among major meat products, beef is the dominant cause of outbreaks. On the basis of testing technology, the rapid testing segment is anticipated to lead the market in the near future, growing with a CAGR of 9.3% over the forecast period.
Some major market players of the Food Safety Testing market are SGS, SA, Intertek Group PLC, Eurofins Scientific, Bureau Veritas SA., ALS Limited, Asurequality, bioMérieux SA., and TUV Süd AG.
Food Safety Testing Market Segmentation
By Contaminant Tested
• Pathogens
• GMOs
• Pesticides
• Toxins
• Others (residue & allergens)
Based on Technology
• Conventional
• Rapid
Based on Food Tested
• Meat & poultry
• Dairy products
• Processed food
• Fruits & vegetables
• Others
Based on Region
• North America
• Europe
• Asia-Pacific
• Rest of World
Key Market Players
• SGS SA
• Intertek Group PLC
• Eurofins Scientific
• TUV Süd AG
• Bureau Veritas S.A.
• ALS Limited
• Asurequality Limited
• bioMérieux SA.
• Covance Inc.
• Indexx Laboratories Inc.
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